Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 RUCROFTS CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £291,000 in November 2014, which was around 23% below the average November 2014 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 RUCROFTS CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 8 RUCROFTS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2014 25 NOV | £291,000 | £375,773 | 23% below HPI |
2012 10 JAN | £243,000 | £314,369 | 23% below HPI |
2005 11 NOV | £210,000 | £286,017 | 27% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 8 RUCROFTS CLOSE sales between November 2005 and November 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2014 sale, which was also at 23% below the HPI.
8 RUCROFTS CLOSE is 74m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 8 RUCROFTS CLOSE lies on this distribution: 11% of detached houses are smaller than 8 RUCROFTS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
8 RUCROFTS CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 RUCROFTS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 RUCROFTS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
8 RUCROFTS CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on RUCROFTS CLOSE.